Annual Contract. When an individual is employed full time to fill a position created by the implementation of a new experimental program, he/she shall be issued an annual contract which may be renewed annually (maximum of five (5) years). A. When such contract is issued, the faculty member and the Faculty Forum shall be informed of the purpose and proposed duration. B. The annual contract shall be equivalent to the probationary contract in the event that the annual contract employee is later issued a probationary contract. In such cases, if the annual service is accumulated within five (5) years of issuance of a probationary contract, service under the annual contract shall be credited in either whole semesters or half years, whichever is appropriate. Fractions shall be rounded down to the nearest whole semester or half year. C. All provisions of the Master Agreement will be in full force and effect except that failure to extend or offer an annual contract shall not be subject to the grievance procedure, nor shall the annual faculty member accrue seniority while on an annual contract.
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement